Is Netflix Stock a Buy?
Shares of Netflix (NASDAQ: NFLX) have been riding a roller coaster in 2019. After several drastic drops and equally startling surges, the streaming video veteran trades 19% above its 52-week lows and 36% below annual highs. Zooming out a little bit, you'll find the stock trading 26% below the all-time highs that were set in the summer of 2018.
Netflix's skyrocketing shares are taking a break at the moment, trading closer to yearly lows than to all-time highs. It's a sharp slowdown compared to the 3,580% gains that sprung from owning Netflix over the last decade.
Does that make Netflix a buy at attractive prices or is there something fundamentally wrong with this picture? Let's find out.
Source Fool.com
